Investment in Inter Local Partners, a Firm Engaged in Projects of Local Revitalization and Production of Local Communities

2019.09.09[Press Release]

Shizen Energy Inc. (headquartered in Fukuoka City, Fukuoka; Representative Directors: Ken Isono, Kenji Kawado, and Masaya Hasegawa; hereinafter “Shizen Energy”) has decided to invest in Inter Local Partners K.K. (headquartered in Minato Ward, Tokyo; Representative Director & CEO: Keiji Yamamoto; hereinafter “ILP”), which is promoting projects in local revitalization, production of local communities, and development of local producers nationwide.

ILP is a local production company that was founded in February 2019 on the basis of outlays by 10 “local producers” who have had an impact on the local economy. It is developing business in projects for local revitalization, production of local communities, and development of local producers for the continuation of local business, through linkage among fellow local producers across boundaries of industrial type, position, and locale.

As a power producer rooted in the community, Shizen Energy has been using part of its profits from power sales for approaches to the promotion and creation of local industries and to support for businesses aspiring to the resolution of social issues. These approaches include the operation of “1% for Community®,” a project for return to communities, and the Shizen Foundation. With this investment in ILP, Shizen Energy and ILP are going to combine their respective local networks and business know-how in efforts to construct new local power projects, stimulate projects for community return, and, by extension, build sustainable local communities.

At this time, the following companies have decided to newly invest in ILP.

  • Kirin Holdings Company, Limited (headquartered in Nakano Ward, Tokyo)
  • LIFULL Co., Ltd. (headquartered in Chiyoda Ward, Tokyo)
  • TOHO LEO Corporation (headquartered in Osaka City, Osaka; President: Minoru Yoshikawa)
  • Shizen Energy Inc. (headquartered in Fukuoka City, Fukuoka)

[Reference]

Press Release issued by Inter Local Partners: https://interlocalpartners.jp/archives/93

[About Inter Local Partners K.K.]

ILP was founded in February 2019 on the basis of outlays by 10 “local producers” who created a new platform not confined to the frameworks of conventional business and have had an impact on the local economy. It established the platform and project scheme for the continuation and expansion of local business through linkage among fellow local producers across boundaries of industrial type, position, and region, and is involved in various projects in all parts of Japan.

  • Address: 6-6-15 Roppongi, Minato Ward, Tokyo
  • Representative Director & CEO: Keiji Yamamoto (Representative Director of Hands of Gravity K.K.)
  • URL: https://interlocalpartners.jp/
  • Business: Construction and implementation of projects for production of new local business required by the region, with a view to developing and incubating local players who will lead local business into the future

[About Shizen Energy Inc.]

Founded in June 2011 with the mission of “Changing the World with Energy,” Shizen Energy contributes to the generation of approximately 1 gigawatt (as of the end of February 2019) worth of renewable energy across Japan. It is engaged in all services required for the installation and operation of solar, wind power, small hydroelectric and other renewable energy power plants, such as development and EPC (engineering, procurement, construction), O&M (operation and maintenance), and asset management. The company has begun the constructions of the photovoltaic power plants around the world since 2018 starting from Asia and South American Region such as Indonesia and Brazil.

  • Headquarters: Fukuoka Ohori Bldg. 3F/6F, 1-1-6 Arato, Chuo Ward, Fukuoka City, Fukuoka Prefecture
  • Representative Directors: Ken Isono, Kenji Kawado, Masaya Hasegawa
  • Tel: 092-753-9834
  • URL: http://www.shizenenergy.net/en/
  • Business: Electricity generation (IPP) with solar, wind power, small hydroelectric and other renewable energy power plants, business development, funding procurement, asset management, electricity retail for individuals and businesses